"Heard the usual fluff from a promoter through a broker that APM is beginning its "stuff". (The broker is only mildly interested). Would seem logical with gold booming and results looming! Of course, we've heard the "push is on" stuff before only to watch the fizzle.
APM still needs some decent results to fill in Ouro Roxo area and some easily mineable tailings to do the trick. Now is the time to make it interesting for larger entities. A hit at Limao would be icing, but I think we may have a good start before that. Amerix is loaded with possibilities at this point and our time may be at hand, or very close. Luck all."

TORONTO, ONTARIO, Oct 1, 2007 (Marketwire via COMTEX News Network) --
Amerix Precious Metals Corporation ("Amerix")(TSX VENTURE:APM)(FRANKFURT:NJG) today announced the signing of two new drilling contracts - one with-Geologica e Sondagens Ltda. (GEOSOL), Belo Horizonte, Brazil, and the other with Kluane International Drilling, Inc. These new contracts allow for up to 5000 metres of core drilling over the next six months and are a continuation of the drilling program at the Ouro Roxo deposit on the Vila Porto Rico Property within the Tapajos District, Brazil. Drilling by GEOSOL commenced in early September and drilling by Kluane is scheduled to commence during the last week in September.

This phase of the Ouro Roxo drilling program is designed to quantify resources in the sparsely drilled intermediate zone between Ouro Roxo North and Ouro Roxo South, expanding upon the 69 drill-hole program that was completed previously at the Ouro Roxo Deposit. Eighteen of the 69 holes were drilled during the first quarter of 2007. Existing drill holes demonstrate the continuity of a gold-mineralized zone for more than three kilometres from the Ouro Roxo North zone to the Ouro Roxo South zone through a relatively unexplored middle zone. Recent geologic mapping on the northern end of Ouro Roxo North has discovered the continuation of the gold mineralized zone in outcrop and free gold was observed in a few exposures. Therefore, the drilling program will explore northward to determine the extent and nature of this area of high prospectivity. Drill cores will be continually assayed on 1-meter intervals. At the same time, the geology, structure, mineral content, and assay results will be compiled to complete a three-dimensional deposit model for the Ouro Roxo mineralized zone in order to better understand and define the deposit.

Management's Discussion and Analysis : Vila Porto Rico Property (VPR) is located in the Tapajos District, one of the largest gold-producing provinces in Brazil. Amerix owns 100% of the mining rights in respect of the 670 square kilometres comprising the VPR property. VPR contains extensive hydraulic mining areas, placer mining operations, and mine shafts, from which garimpeiros have produced an unconfirmed amount of gold (reported to be in excess of 2 million ounces) since 1958. Gold mineralization took place within the N-S trending Ouro Roxo fault zone, which is 1-2 kilometres wide, and has been traced along a strike length of more than 25 kilometres. Gold is present in a variety of structures, but the best gold values have been found within faults, shears, and brecciated zones that dip moderately to the east at 40 degrees to 50 degrees. The mineralized structures contain variable amounts of sulfides, and quartz-chalcopyrite-pyrite-gold veins, below the saprolite zone that extends to a depth of approximately 50 metres. The Ouro Roxo Project includes exploring a 3.5-kilometre-long segment of this structural zone. A total of 69 angle core holes have been drilled at Ouro Roxo; the results of assays for these holes have been previously reported.

QA/QC: GEOSOL is a well-established drilling company with offices in Belo Horizonte, Brazil and Kluane is a well-established drilling company with offices in Vancouver, Canada. The drilling operations will be undertaken by both companies under the direct guidance and supervision of Amerix geologists and management. Cores will be drilled at 50 degrees to 70 degrees angles at HQ or NQ diameter for up to 100 metres after which diameter NQ or BQ will be used to total depths that generally will be 150-200 metres. The new contracts allow for up to 5000 metres of core drilling over the next six months.

About Amerix Precious Metals Corporation

Amerix Precious Metals Corporation is an Ontario company exploring for precious metals in Brazil. Vila Porto Rico is the Corporation's main project, covering over 67,000 hectares. Vila Porto Rico has multi-million ounce gold potential, as it contains historic and active gold mines that anecdotal evidence suggests have produced more than 2 million ounces from placer and weathered bedrock (saprolite) mining operations. Amerix's objective is to create value for shareholders through expansion of bedrock gold resources, and development of placer and tailings gold resources. Brazil has enormous gold potential and is a proven mining-friendly country. Amerix staff has more than 50 years of combined experience in Brazil, and the Corporation has been active for more than 10 years. The Corporation's shares trade on the TSX Venture Exchange under the symbol "APM" and on the Frankfurt Stock Exchange under the symbol "NJG."

The technical and scientific information in this release has been reviewed by Lawrence W. Snee, President of Amerix, a Qualified Person as described in NI 43-101, a geologist with more than 30 years of experience. Some of the statements in this news release contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Amerix Precious Metals Corporation. It is uncertain if further exploration will result in the discovery of an economic mineral resource on any of the properties. Actual results may differ materially from those currently anticipated in such statements.

If you would like to receive press releases via email, please contact jeanny@chfir.com and specify "Amerix press releases" in the subject line.

Amerix Precious Metals Corp. has learned that Kluane International Drilling
Inc. is now drilling at the Ouro Roxo deposit on Amerix's Vila Porto Rico
property (VPR) in the Tapajos district, Brazil. Kluane has completed 623.6
metres of drilling in four holes within the northern extension of the Ouro
Roxo deposits. Geologica e Sondagens Ltda. (Geosol) commenced work in early
September and has completed 647.5 metres of drilling in five holes. This
season's Ouro Roxo program comprises up to 5,000 metres of drilling of which
1,271 metres is complete. The program is fully financed.

Geologic mapping along trend to the north of Ouro Roxo reveals an extension
of the north-south shear zone for about two kilometres to the Pacu River
across older inactive garimpeiro excavations which contain mineralized veins
of similar character, composition and orientation to those in Ouro Roxo.
Additional geologic mapping has identified a parallel north-trending
gold-mineralized shear zone approximately 1.5 kilometres to the west of the
major Ouro Roxo zone.

More than 25 new drill sites are planned and pads have been cleared. The
drilling program is designed to explore the northward extension of Ouro Roxo
North toward the Pacu River and the sparsely drilled intermediate zone
between Ouro Roxo North and Ouro Roxo South. In addition, the newly
discovered mineralized shear zone 1.5 kilometres west of the major Ouro Roxo
zone will be drilled. The existing 69 drill holes have demonstrated the
continuity of a gold-mineralized zone for more than three kilometres from the
Ouro Roxo North zone to the Ouro Roxo South zone through a relatively
unexplored middle zone. It is anticipated that as drilling continues the main
Ouro Roxo mineralized zone will extend another two kilometres to the north
for a total length of at least 5.5 kilometres and the presence of at least
one parallel mineralized shear zone to the west of the main zone will be
established.

The VPR property is located in the Tapajos district, one of the largest
gold-producing provinces in Brazil. Amerix owns 100 per cent of the mining
rights within the 670 square kilometres comprising the VPR property.
Gold-rich zones are found within the one to two-kilometre-wide,
north-south-trending Ouro Roxo fault zone. This fault zone has been traced
along a strike length of more than 25 kilometres. The Ouro Roxo mineralized
zone occurs in the southern part of the major shear zone. Gold is present in
a variety of structures throughout the property, but the best gold values at
Ouro Roxo have been found within faults, shears, and brecciated zones that
dip moderately to the east at 40 degrees to 50 degrees. The mineralized
structures contain variable amounts of sulphides, and
quartz-chalcopyrite-pyrite-gold veins, below a saprolite zone that extends to
a depth of 50 metres or more. The Ouro Roxo project includes exploring a
5.5-kilometre-long segment of this structural zone. A total of 69 angle core
holes have been drilled at Ouro Roxo; the results of assays for these holes
have been previously reported.

QA/QC: The drilling operations are being conducted by GEOSOL and Kluane under
the direct guidance and supervision of Amerix geologists and management. Both
companies are well-established and have worked with Amerix in the past. Cores
are being drilled at 50 degrees to 70 degrees angles at HQ or NQ diameter for
up to 100 metres in depth after which diameter NQ or BQ will be used to
depths that generally will be in the range 150 to 200 metres. Local geologic
mapping and regional reconnaissance geologic mapping are being conducted in
concert with the drilling program. All cores are split and described at the
Amerix camps near the drill sites. Assays are being conducted at SGS Geosol
Laboratorios Ltda.

Amerix Precious Metals Corp. is mobilizing geologists and technical crews to the Limao project site in the Tapajos gold province in central Brazil. Amerix's initial property evaluation confirmed the presence of high-grade gold mineralization hosted in syeno-granitic intrusive rocks. A total of 11 float samples were taken from sulphide-rich syeno-granitic rocks located in the central pit area with results ranging from 2.37 grams per tonne gold to 106.6 grams per tonne gold. The average grade of the 11 samples was 38.5 grams per tonne gold or 1.12 ounces per ton gold (see Company news release of November 2, 2009).

The exploration program will consist of surface geochemical sampling and mapping. The purpose of the sampling and mapping is to further define the gold zones identified by the Company and the previous operators. Surface geochemical sampling will consist of approximately 2000 one-meter auger holes and a small number of deeper hand auger holes ranging in depth from 5 to 8 metres in areas previously defined as anomalous.

During this initial phase, the Company plans to establish a more permanent camp and infrastructure for later programs. On completion of this initial program the Company plans to review and select priority targets for diamond drilling. The exploration program will take 4 to 5 weeks to complete and results will be released shortly thereafter. All rock and auger samples will be prepared and analyzed by SGS Geosol Laboratories LTDA (a certified laboratory) in Brazil. Jeffrey Reeder, PGeo, is a qualified person as defined in National Policy 43-101, and is responsible for designing the exploration program and responsible for all technical information contained in this news release.

Further to the Company's press releases dated March 16, 2010 and March 23, 2010, the Company announces that it has completed the second tranche of a $660,000 best-efforts non-brokered, private placement financing (the "Offering"). The Offering consists of up to 11,000,000 Units at a price of $0.06 per Unit, with each Unit consisting of one Amerix common share and one-half common share purchase warrant, with each whole common share purchase warrant entitling the holder to purchase one Amerix common share at a price of $0.10. The warrants will expire twenty-four months from the date of issue unless the closing price of the common shares has been $0.25 or higher for ten consecutive trading days anytime after the date of issue, in which case the warrants will expire thirty (30) days after notice announcing an earlier expiry date. The Offering also includes a provision for a finders' fee payable at a rate of up to 8% of gross proceeds from Unit sales and Unit-purchase options ("broker warrants") at a rate of up to 10% of the number of Units sold. The securities issued in connection with the Offering are subject to a four month hold period from the date of issue. Net proceeds from the Offering will be used to continue to fund the Company's exploration projects in Brazil and for general working capital purposes. The Offering is subject to final regulatory approval.

Under the second tranche the Company issued 880,000 Units for gross proceeds of $52,800 and paid finders' fees of $4,224 cash and 88,000 broker warrants. Under the first and second tranches the Company has issued, in total, 8,800,000 Units for gross proceeds of $528,000 and paid finders' fees of $42,240 cash and 880,000 broker warrants.

Amerix Precious Metals Corp. has completed the third and final tranche of a non-brokered private placement financing for gross proceeds of $48,000. As previously announced in Stockwatch on March 23, 2010, the first tranche of the offering raised gross proceeds of $475,200 and on April 12, 2010, the second tranche raised gross proceeds of $52,800. Total gross proceeds from the offering are $576,000.

In total, for all three tranches, the offering consisted of 9,600,000 Units at a price of $0.06 per Unit, with each Unit consisting of one Amerix common share and one-half common share purchase warrant, with each whole common share purchase warrant (the "Warrant") entitling the holder to purchase one Amerix common share at a price of $0.10. The Warrants will expire twenty-four months from the date of issue unless the closing price of the common shares has been $0.25 or higher for ten consecutive trading days anytime after the date of issue, in which case the Warrants will expire thirty (30) days after notice announcing an earlier expiry date. The Offering also included a provision for a finders' fee payable at a rate of up to 8% of gross proceeds from Unit sales and Unit-purchase options ("broker warrants") at a rate of up to 10% of the number of Units sold. The broker warrants will expire twenty-four months from the date of issue and are subject to the same acceleration rights as the Warrants. The Company paid finders' fees of $42,240 cash and 880,000 broker warrants. Insiders, as defined by the TSX Venture Exchange, participated in 13.5% of the Offering.

The securities issued in connection with the Offering are subject to a four month hold period from the date of issue. Net proceeds from the Offering will be used to continue to fund the Company's exploration projects in Brazil and for general working capital purposes. The Offering is subject to final regulatory approval.

Amerix now has 119,396,302 common shares issued and outstanding as at April 16, 2010.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Amerix Precious Metals Corp. announced March 16, 2010.

Number of shares:9.6 million shares

Purchase price:six cents per share

Warrants:4.8 million share purchase warrants to purchase 4.8 million shares

Warrant exercise price:10 cents for a two-year period

Hidden placees:31

Insiders:Daniel Hamilton 200,000; Jeffrey Reeder 1.1 million

Finders' fees:A total of $42,240, plus 880,000 finder's warrants (each exercisable into one common share at a price of six cents for a two-year period), are payable to Union Securities Ltd, Granite Associates Ltd. and George A. Brown.

Pursuant to corporate finance Policy 4.1, Section 1.11(d), the company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.